Anyone scalping the FTSE Futures??

S&P nearing Wednesdays lows.
Dow still 200 points ABOVE Wednesday low. Add that on to the 300 point drop from 10am and we have a 500 point drop. Who could have guessed that!
 

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If your short take some off and play safe would be my recommendation. Theres always next week.
 
Big drop to shake out the longs then UP today.
Ftse 75+ points.
Dax 200+ points.

IMO.
 
still long here looking for 5908 and 16325

we have a pattern and lower targets left over from Friday
 
still long here looking for 5908 and 16325

we have a pattern and lower targets left over from Friday

I was doing the stats for the s&p competition (still open to anyone :cheesy: )
http://www.trade2win.com/boards/ind...ekly-competition-2016-prizes.html#post2679010

Anyway the S&P went below the previous weeks Low on Wednesday and then dropped but stayed above on Friday. I think that pattern is done. 1872 wont be broken today (IMO) and so the Dow low should still be intact.

But hey if it were that simple we'd all be rich!
 
Crude is going up and holding. Its just a shake out on Dax but the swings are wild.
Trading strategy for today.
1. Pick a level.
2. Buy or sell doesnt matter
3. Wait till its in profit.
:LOL:
 
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